CRANSTON WELDING SUPPLY CO. (RI) - 2020 PPP Loan Borrower Profile (# 8120557105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CRANSTON WELDING SUPPLY CO.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Rhode Island.

Loan Detail

Loan Number

8120557105

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$153,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$155,295

Date Loan was Forgiven

Aug 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

153,300

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

325120

Borrower Location

Cranston, RI

Project Location

Cranston, RI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.